Industrial packaging Companies

The industrial packaging market, a bustling realm encompassing everything from sturdy drums to complex flexible pouches, thrives on the needs of diverse industries. this market is a fierce battleground for manufacturers vying for market share.

Strategies Fueling the Fight:

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  Innovation Prowess: Giants like Mondi and Smurfit Kappa are investing heavily in R&D, churning out novel solutions like sustainable bio-based resins and temperature-controlled packaging.


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  Geographic Expansion: International players like DS Smith are aggressively acquiring regional players, gaining footholds in emerging markets like Southeast Asia.


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  Customization Kingpins: Companies like Berry Global are tailoring packaging to specific customer needs, from chemical-resistant drums for hazardous materials to tamper-proof vials for pharmaceuticals.


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  Sustainability Champions: With sustainability a buzzword, companies like Amcor are prioritizing recycled content and eco-friendly designs, winning favor with environmentally conscious buyers.


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  Digital Transformation Warriors: Embracing technology, giants like Sonoco are implementing smart packaging solutions with integrated sensors and real-time tracking, optimizing logistics and reducing waste.

Factors Forging Market Share:

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  Industry Giants: Leading players like Crown Holdings and Greif, with their diversified portfolios and global reach, dominate the market.


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  Regional Powerhouses: Local players like Uflex in India and Shanghai Jincan Packaging in China cater to specific regional needs and regulations, holding strong regional sway.


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  Niche Specialists: Companies like Mauser Packaging, focusing on specific segments like hazardous materials or pharmaceuticals, excel with specialized expertise.


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  Cost-Conscious Champions: Players like DS Smith leverage economies of scale and efficient production to offer competitive prices, appealing to budget-driven buyers.

Key Players

• Greif Inc.


• Mondi plc


• WestRock Company


• Amcor Limited


• International Paper Company


• Orora Limited


• Mauser Group


• Wuxi Sifang Drums Limited Company


• NEFAB GROUP


• Sonoco Products Company

Recent Developments: 

September 2020: Mauser Packaging Solutions has expanded its presence in Italy by acquiring EuroVeneta Fusti through a joint venture with NCG-Maider. This acquisition will allow the company to offer a wider range of products and services, including plastic industrial packaging, steel drum packaging, and reconditioning IBC services, in the Italian market.

July 2020: Mauser Packaging Solutions has introduced a new 1-piece consumer pack, which is suitable for a variety of industries such as home care, candy and confection, pool care, and food products. The pack features an attached, tamper-evident, hinged lid that provides end-users with easy access to the contents of the tub. After use, the package is fully recyclable or can be reused by the consumer. This innovation is designed to provide convenience to the users and reduce waste.

October 2019:Mondi completed the acquisition of Walki Group's Extrusion Coating business, expanding its product offering in flexible packaging. The company also launched several new sustainable packaging solutions, including a fully recyclable stand-up pouch for pet food and a paper-based alternative to plastic shrink wrap.

New modern machinery for manufacturing plastic drums has been brought into Singapore by Mauser Packaging Solutions, as can be seen from their recent investment in expanding its product range there during April 2023 a move that also boosts access to Infinity Series across the region that is part of its wider line of items.

In February 2024, Mondi plc (Mondi), a worldwide leader in the production of sustainable Packaging and paper, gained control over West Fraser Timber Co. Ltd’s (West Fraser) Hinton Pulp mill located in Alberta, Canada, at a valuation of USD 5 million.

In 2023, NOVA Chemicals Corporation (NOVA Chemicals), the leading manufacturer of sustainable polyethylene globally and Amcor signed an MOU to buy post-consumer mechanically recycled polyethylene resin(rPE) for use in flexible films before one that will go into flexible packaging films—one which would be used with plastic wrapping bags—to help boost its global commitment to circularity through increased usage of rPE across various types such as flexible Packaging.

In November 2021, UFP Global Holdings paid about $13.5 million to acquire a 70% stake in Ficus Pax through its subsidiary UFP Industries (UFPI). The US-based multinational is making its first foray into India’s industrial packaging market with this deal.

In January 2024, Greif Inc., who are global leaders when it comes to Industrial Packaging products and services announced a pilot-project agreement with IonKraft – innovations for barrier technology involving plasma-based coatings in January 2024. The focus of the collaboration is on rethinking the recyclability and sustainability issues around plastic jerrycan packaging that needs an additional barrier solution.